http://rt.com/news/greece-bailout-anger-germany/
As the EU prepares its next wad of cash to save Greece from financial collapse, Germans, the main sponsors of the bailout, question why they continue working to pay for Athens' – and others’ - mistakes.
Public anger is mounting in Greece over stricter austerity measures the government has promised to implement to get its hands on more EU aid. The country’s cabinet is to hold an informal discussion of the medium-term plan on Monday.
Meanwhile, European leaders have approved the next payment in its bailout for Athens, bidding to save the country and euro from a default.
But those who are to pay the price of the new aid package could soon take to the streets.
Top German lawyer Markus Kerber is suing the German government to stop it bailing out bankrupt neighbors.
“The euro's dead, long live Germany,” he says. “You can't save the euro by saving Greece, but on the contrary you have to get rid of Greece. Greece is no longer a worthy candidate, no longer a worthy member of the European monetary union.”
The nations labeled in derision by some as the PIIGS of Europe – Portugal, Ireland, Italy, Greece and Spain – must drop the currency now, before they drag down other members, warns Kerber.
Market analyst and author Michael Mross, is among the experts who say Germans are at boiling point – anger which could spill out on to the streets.
No comments:
Post a Comment